$9,995,000
NEW CONSTRUCTION

120 Coconut Palm Rd Vero Beach, FL 32963

Estimated payment $58,930/month

Total Views 13,028
5 Beds
6 Baths
5,187 Sq Ft
$1,927 Price per Sq Ft

Highlights

  • 143 Feet of Waterfront
  • Dock has access to electricity and water
  • New Construction
  • Beachland Elementary School Rated A-
  • Pool and Spa
  • Wood Flooring

About This Home

John's Island, Vero Beach: Brand new and impeccably crafted, this 2024-built estate spans 7,773 total SF on a .69- acre corner lot with 143' of waterfrontage. Designed by Gregory Anderson and built by Water's Edge Estates, it features dramatic ceiling details, a three-bay garage, resort- style pool/spa, guest balconies, outdoor kitchen, and a covered lanai. Enjoy absolute privacy with lush mangroves, native wildlife, and your own private dock. A rare waterfront retreat in the heart of Johns Island.

Listing Agent

Michael Merrill

Douglas Elliman License #BK3254788 Listed on: 07/24/2025

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,263

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.6 Acre Lot
  • 143 Feet of Waterfront
  • Home fronts a canal
  • West Facing Home
  • Gated Home
  • Corner Lot
  • Sprinkler System
  • Property is zoned 0100 - 0100 Single Family

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,187 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Area
  • Den
  • Library
  • Loft

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Brick
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Dock has access to electricity and water
  • Dock made with wood
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32391300002000000002.0

Community Details

Overview

  • Johns Island Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,263

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 133
  • Subdivision Name: Johns Island
  • Directions: In Vero Beach take Highway A1A North to South entry gate of John's Island. Guard will direct.
  • New Construction: Yes
  • Year Built: 2023
  • Location Tax Legal:Zoned: 0100 - 0100 Single Family
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 76263.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 5187.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 133
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 26136
  • WaterSewer:City Water: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Auto Garage Door Opener: Yes
  • Security:Security Guards: Yes
  • Floors:StoneBrick: Yes
  • Waterfront:Canal: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 143.0
  • Lot Size:Corner Lot: Yes
  • Dock:Water at Dock: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Stone, Brick, Hardwood, Other Flooring
  • Interior Amenities: Central Vacuum, Ceiling Fan(s), Fireplace, Pantry
  • Living Area: 5187.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Stucco, Block
  • Exterior Features: Sprinkler System, Impact Doors, Impact Windows
  • Patio And Porch Features: Patio/Lanai
  • Property Condition: New Construction
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Door Opener
  • Garage: Yes

Utilities

  • Security: Smoke Detectors, Gate House, Security Guards
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 32391300002000000002.0
  • Zoning: 0100 - 0100 Single Family

Tax Info

  • Tax Annual Amount: 76263.0
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $79,448 $7,102,753 $2,306,220 $4,796,533
2024 $12,092 $7,102,753 $2,306,220 $4,796,533
2023 $12,092 $840,216 $0 $0
2022 $9,890 $902,893 $899,426 $3,467
2021 $8,588 $694,393 $691,866 $2,527
2020 $8,742 $694,257 $691,866 $2,391
2019 $8,796 $694,257 $691,866 $2,391
2018 $8,576 $694,035 $691,866 $2,169
2017 $7,602 $572,855 $0 $0
2016 $6,998 $492,160 $0 $0
2015 $7,342 $492,160 $0 $0
2014 $6,936 $462,990 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2025 07/24/25 For Sale $9,995,000 -- $1,927 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $425,000 --
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1089

APN: 32-39-13-00002-0000-00002.0

Florida Indian River County Vero Beach 32963

120 Coconut Palm Rd, Vero Beach, FL

For Sale

Detached

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Listing Agent
Michael Merrill
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Douglas Elliman
(772) 837-5887